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Michael Saylor’s Strategy Buys Another $217.4 Million Bitcoin

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Strategy, the Bitcoin treasury firm led by Michael Saylor, has bought an additional $217.4 million worth of BTC. According to a Sept. 8 8-K filing with the US Securities and Exchange Commission (SEC), the company bought 638,460 BTC between Sept. 2 and Sept. 7 at an average purchase price of $111,196.  Strategy’s latest Bitcoin purchase was funded by the proceeds from at-the-market sales of its Class A common stock, MSTR, perpetual Strike preferred stock, STRK, and perpetual Strife preferred stock, STRF.  Relentless Dilution, Underperformance Saylor said on X that Strategy’s holdings now stand at 638,460 BTC, or 3% of Bitcoin’s 21 million supply, acquired for $47.17 billion. The average acquisition price for these coins is around $73,880, he added. Strategy has acquired 1,955 BTC for ~$217.4 million at ~$111,196 per bitcoin and has achieved BTC Yield of 25.8% YTD 2025. As of 9/7/2025, we hodl 638,460 $BTC acquired for ~$47.17 billion at ~$73,880 per bit...

Metaplanet partners with SBI VC Trade to enhance Bitcoin strategy

Japanese investment firm Metaplanet has announced a partnership with SBI VC Trade, a subsidiary of financial services behemoth SBI Group. Partnership will help boost Metaplanet’s Bitcoin strategy, including compliance. Metaplanet has acquired 360 Bitcoin (BTC) as it targets becoming ‘Asia’s MicroStrategy’ In an announcement on Sept. 2, Metaplanet said its collaboration with SBI VC Trade is part of the company’s quest to enhance its Bitcoin strategy with support from Japan-based firms. This includes trading, custody and management of Metaplanet’s Bitcoins. Metaplanet is a publicly-traded company listed on the Tokyo Stock Exchange and the partnership with the SBI crypto arm offers a route to further compliance. “A key element of this partnership is access to a compliant corporate custody service that prioritizes tax efficiency and offers the potential to utilize Bitcoin as collateral for financing,” Metaplanet sa...